© Reuters. By Sam Boughedda In a note to clients on Monday, JPMorgan analyst Marko Kolanovic said the China sell-off is “disconnected from fundamentals” and presents an opportunity. U.S.-listed Chinese stocks have fallen during the session on fears over the country’s power shuffle. “China growth data surprised positively over the weekend, but their equity market …
By Sam Boughedda Following the Caterpillar (NYSE:) Dealer Finance Conference in Las Vegas this week, JPMorgan analysts told investors that end-user demand remains broadly positive. The analysts provided bullish commentary in a note to clients, raising the firm’s price target on Caterpillar to $220 per share from $205, maintaining an Overweight rating. They stated that …
JPMorgan Sees an Opportunity to Own Caterpillar Shares By Investing.com Read More »
© Reuters. By Sam Boughedda BofA analysts said on Monday that the firm favors software stocks Microsoft (NASDAQ:), Atlassian (NASDAQ:), Zoom Video Communications Inc (NASDAQ:), Smartsheet (NYSE:) and Box Inc (NYSE:). In a note to clients focused on software stocks and the future of work, they told investors to “focus on the Future of Work …
New Delhi, Sep 21 (IANS) RIL’s green hydrogen foray is part of its Net Carbon Zero target by 2035. Falling renewable cost and scale economics will lower green hydrogen cost. Given the capex intensity, RIL’s strong balance sheet and backward integration puts it in the driver’s seat in the US$ 74 billion opportunity, foreign brokerage, …
RIL in driver’s seat in $ 74 bn green hydrogen opportunity Read More »
Domestic consumption is making a strong comeback, traditionally one of the main drivers of India’s economic growth. This is great news for businesses of all sizes. Simply put, when consumers spend more, businesses have more capital to invest in, and increased liquidity throughout the system energises complementary sectors and higher-end goods and services. But what …
This is why India’s consumer market is a $1 trillion investment opportunity (Opinion) Read More »
© Reuters. By Sam Boughedda Morgan Stanley maintained an Overweight rating and $130 price target on Zoom (NASDAQ:) in a research note Friday. An analyst said the firm hosted Zoom’s CFO Kelly Steckelberg and Investor Relations Manager Charles Eveslage for an NDR with investors in New York Thursday. He explained that the foundation of Morgan …
Zoom Provides an Encouraging Platform Opportunity Read More »
